Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition
Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill. Go to Source Powered by WPeMatico
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Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995
Bitcoin proponent Mark Cuban is certainly not happy with the tighter rules for crypto businesses introduced in the new infrastructure bill. Go to Source Powered by WPeMatico
2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it’s not enough
Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon. Go to Source Powered by WPeMatico
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers (VASPs) that would be issued by the government, classifying them into … Read more
Sen. Warren urges Treasury Secretary Yellen to combat rising crypto threats
Elizabeth Warren outlined her concerns about the cryptocurrency market in a letter addressed to Janet Yellen that was obtained by CNBC. Go to Source Powered by WPeMatico
Senator Cynthia Lummis excited to buy the Bitcoin dip
The conservative Republican from Wyoming plans to buy more BTC if the price drops further. Go to Source Powered by WPeMatico
GOP U-turn: House Republicans begin accepting cryptocurrency donations
The GOP will accept crypto contributions through BitPay, allowing them to convert assets like Bitcoin and Ethereum into U.S. dollars. Go to Source Powered by WPeMatico
Elizabeth Warren compares ‘bogus’ crypto to ‘legitimate’ CBDCs in senate hearing
“The threats posed by crypto show that congress and federal regulators can’t continue to hide out, hoping crypto will go away,” said the Massachusetts senator. Go to Source Powered by WPeMatico
US Senate votes to confirm Gary Gensler as SEC chair
Gensler’s confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. Go to Source Powered by WPeMatico
Iowa House approves bill to legally recognize blockchain smart contracts
The bill would give legal recognition to transfers and registrations made through blockchain smart contracts. Go to Source Powered by WPeMatico